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Good Start

January 5th, 2006 at 08:00 am

I'm off to a good start on the challenge: My local library was having a sale of about 75 books. I looked through all of the hardcovers, and 2/3 of the paperbacks. Ebookdrop was willing to buy 1 paperback for $1.30 (cost to me = $.10). When I went home to place the order, I found 3 other books I had lying around that ebook would buy. I had been holding off on them because the $ offered was so low, but they've been on half.com for a while now without any movement, so I decided to add them as well. Net profit: $3.81-$.10=$3.71. I'll subtract the $.10 here and add the $3.81 when I receive it.

Today, I went to the bookstore by work. I checked out 6 shelves of books and found 8 that ebook will buy. $18.66-$8.68(cost) = $9.98 profit. Again, I'll take the $8.68 away here and add the $18.66 when I get it.

Finally, I called Affinity Bank, the first of my 2006 bank offers. My kids have accounts there (great deal - 10% interest up to $500. Highly recommend it). Anyway, in one of their statements was an offer to open up a free checking account and get a $75 bonus. (I think this is open to everyone, if you ask). I need to open the account by mail, because it's in California, and I'm in NJ. So I filled out the paperwork today and mailed it out. Not sure how long it will take to get the bonus, because after my account is open I need to set up direct deposit, but hopefully within the next two months.

So that's it for now. New totals:
Opening balance: $20.00
Debits: $8.78 (books)
Closing balance: $11.22

Outstanding Items: $3.81 (Ebookdrop), $18.66 (Ebookdrop), $75 (Affinity Bank)

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